Close×

Plastics company LyondellBasell has announced plans to drive chemical recycling of plastic materials forward.

The company, which specialises in plastics, chemicals and refining, is working with Karlsruhe Institute of Technology (KIT) to advance the chemical recycling of plastic materials and assist global efforts towards the circular economy and plastic waste recycling.

The focus of the venture is to develop a new catalyst and process technology to decompose post-consumer plastic waste, such as packaging into monomers for reuse in polymerisation processes.

“Earlier this year we announced a 50 per cent share in Quality Circular Polymers (QCP) to drive the development of high quality recycled polyolefins from the mechanical recycling of sorted post-consumer waste streams,“ CEO Bob Patel said.

“This new co-operation will be a major step towards chemical recycling and extend our contribution to the circular economy.”

Chemical recycling is complementary to mechanical recycling and is able to manage multilayer and hybrid plastic materials, which can’t be easily recovered by mechanical recycling.

Molecular recycling is advancing chemical recycling by improving current process technologies to produce clean feedstock for polymer production.

LyondellBasell's goal is to develop a high-efficiency and clean plastic depolymerisation process through catalyst innovation to transform plastic waste back to the chemical building blocks.

Food & Drink Business

Wine Australia and Wine Victoria will put almost $887,000 over three years into projects covering sustainability, biosecurity, business data and export insights for Victorian grapegrowers and winemakers.

McCain Foods has turned over a full 24-hour production run at its Ballarat plant to Foodbank Australia, producing 120,000 meals valued at more than $790,000.

The Australian Beverages Council has committed the non-alcoholic drinks industry to lifting low and no sugar drinks to 70 per cent of water-based beverage sales by 2030, up from 65 per cent in 2024. The target is the centrepiece of the council’s Beverage Choices Roadmap to 2030 (BCR30), launched by CEO Geoff Parker at its annual Drinks Industry Dialogue in Sydney yesterday.